WisdomTree PHLX Semiconductor 3x Daily Leveraged (3SEM)

Profile

WisdomTree PHLX Semiconductor 3x Daily Leveraged is a collateralised exchange-traded product that provides triple daily leveraged exposure to the PHLX Semiconductor Sector Net Total Return Index. This index tracks major semiconductor companies involved in the design, manufacture and distribution of chips and related technologies, making the product highly focused on the global semiconductor value chain. The ETP delivers approximately three times the daily performance of the underlying index, before fees and costs associated with maintaining leverage, using a fully collateralised swap structure with over-collateralisation for risk mitigation. It is structured as a debt security rather than a fund share, created and redeemed by authorised participants and traded intraday like an equity instrument. Income from the underlying exposure is effectively capitalised rather than distributed, aligning it with total-return oriented strategies. Domiciled in Ireland and UCITS eligible, WisdomTree PHLX Semiconductor 3x Daily Leveraged serves as a specialised tool for tactical positioning in the semiconductor equity segment within sophisticated portfolios.